BitcoinNews.ca
  • Home
  • What Are Bitcoins?

Bitcoin Market Summary - Jan 4

1/4/2014

0 Comments

 
Picture
Bitcoin once again starts to appreciate in value. It recently stabilized around $800/BTC on most exchanges but now has begun to creep up in value again.

If we review the Mt Gox chart below, we can see this trend clearly over the past week.



The great news is Bitcoin continues to be adopted across the internet by companies that cater to online customers. Two huge players in the internet space an adult site Porn.com (source Coindesk) and Facebook game maker Zynga (source Coindesk) have picked up the currency and already implemented into their websites.

The Bitcoin network capacity was 9918TH/s last week and is now 10331TH/s. 
The Bitcoin network is now 104% over the span of this week. 

The Bitcoin market capitalization is $9.89B this week. For perspective, it was listed at $1.652B --> $2.504B --> $4.0B --> $6.4B --> $10.4B --> $14.8B --> $12.9B --> $11.9B --> $8.27B --> $9.8B over the last few weeks. 

All signs point to a very, very promising year for Bitcoin...Mainstream adoption is edging closer.

Mt Gox - 5 Day pricing

Picture

Virtex - 5 day pricing

Picture
0 Comments

Your comment will be posted after it is approved.


Leave a Reply.

    New to Bitcoin...
    START HERE

    Check our posts for information related to what Bitcoin really is:
    • What is a Bitcoin?
    • Why are Bitcoins so great?
    • How do I spend Bitcoins?

    About The Author

    The site author has been interested in Bitcoin since June, 2011 and is extremely excited to see the future developments of this digital currency.

    Archives

    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    November 2012

    Categories

    All
    Butterfly Labs
    General Interest
    How To
    Investment
    Political
    Technology
    Welcome

    RSS Feed


Powered by Create your own unique website with customizable templates.